Wall Street News Alert: Market Alert for Tuesday: PrimeGen Energy -- November 24, 2009

Yesterday after the markets closed, PrimeGen Energy Corporation (OTC: PGNE | Quote | Chart | News | PowerRating) issued a press release announcing that its Board of Directors has approved a stock repurchase plan. The repurchase of up to $10,000,000 of the Company's common stock was authorized.

Robert Charlton, the Company's President said, "We are very pleased to announce this repurchase program at a time when we believe our stock is undervalued and expect a benefit to shareholders with increased future earnings per share by reducing the number of shares outstanding. This program reflects the Board of Directors' continued confidence in the Company and commitment to enhance shareholder value. Our shareholders have and continue to be our most important asset and rewarding them is a high priority."

Acquisitions of stock under the repurchase plan will be made from time to time as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. Shares may be purchased in the open market, including through block purchases. PrimeGen will not repurchase any shares from directors, officers or other affiliates of PrimeGen. Purchases will be funded by the revenue from the Timan-Pechora Project. Plan will continue as long as periodic management reviews it to be fiscally feasible and may be discontinued at any time.

Last week the company reported that the initial production for the Kochmesskoye # 7 well at Timan-Pechora, Russia. The well commenced commercial oil production on October 26, 2009, and the Company has received production results for the first 20 days. Total oil produced and sold was 28,840 barrels with an average daily production rate of 1,442 barrels per day. The Kochmesskoye # 7 well is the seventh of a multi-well program drilled at Timan-Pechora by PrimeGen. The 2009-10 development program calls for the drilling of a minimum of 30 wells to develop the field. According to the press release, when fully developed, the 30 wells could yield a daily production rate at Timan-Pechora of 35,000 barrels per day. The fourth well of the project was drilled and completed on August 24, 2009, and resulted in setting a new production record for the field of 1,670 barrels of oil per day. In addition, well numbers 1 through 6 are producing at full capacity.

The press release states that using current pricing for Timan-Pechora crude oil, PrimeGen has confirmed that the new well alone has generated $2.0 million in revenue or a projected $36.8 million per year. Currently, oil at Timan-Pechora has been priced at over $70.00 per barrel.

The stock closed yesterday at around Eight cents a share.

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Instacare Corp. (OTCBB: ISCR | Quote | Chart | News | PowerRating) up 59% on 15.4 million shares traded.

On Nov 23, 2009 Instacare Corp. recently announced that its proprietary brands of MD@Hand and Practice Probe EMR and other e-health technologies have been successfully engineered to seamlessly function on popular smart cell phones. The adaptation of our desktop and hand-held interactive medical software to the Apple iPhone, the Palm Pre, the Verizon Windows phones and several RIM Blackberry models responds to February's federal government demand for healthcare cost structure revision. Its release also positions Instacare at the forefront of companies scrambling to satisfy the government's mandate for broad cost reduction and systemic restructuring of healthcare billing, information storage and recordkeeping.

The February 2009 health industry cost saving initiatives proposed by President Obama directs the industry to rapidly transition from an inefficient and costly paper dependency to an instantaneous electronic mechanism for conducting communications within and throughout the industry. The electronic patient medical records technologies and other electronic medical cost saving technologies contained within the company's MD@Hand and Practice Probe technologies enable any healthcare provider to immediately satisfy the requirements of the government's initiatives. Their adaptation to new "application rich" smart phones allows the physician to manage their medical practice efficiently and effectively, from the point of care, through a single, standard, smart/cell phone.

Robert Jagunich, Chairman of Instacare Corp. commented: "Instacare is operating within the 'sweet spot' of the government's cost saving initiatives. Our medical technologies, when implemented, will play an increasing role in reducing the nation's healthcare costs which many believe have grown out of control due to mismanagement, inefficiencies, fraud and abuse. We believe we are first-to-market with an EMR mechanism that works through several popular makes of smart, Internet enabled, cell phones. Imagine secure EMR and medical data for up to 5,000 patients stored for 10 years on a little plug-in chip about one third the size of a postage stamp. This breakthrough introduction will be followed shortly by the filing of two new patent applications and our discussion of additional initiatives directed toward parallel markets."

The Company's MD@Hand technologies allow physicians to gain access and securely store electronic medical records without the need of a stand-alone computer, tablet PC or PDA. The company estimates that the Verizon Windows phones will allow EMR permanent storage for up to 5,000 patients for up to 20 years. The Apple iPhone, Palm Pre and the Blackberry phones are equally impressive although permanent storage is slightly less.

Doral Energy Corp. (OTCBB: DRLY | Quote | Chart | News | PowerRating) up 11.4% on 2.3 million shares traded.

On Nov 23, 2009 Doral Energy Corp. recently announced that Cohen Independent Research Group, Inc., Wall Street's leading independent fundamental research firm, has issued a research report on Doral Energy Corp. with a long-term target price of index of $1.21. For the full report please visit Cohen Independent Research Group's website, www.cohenresearch.com.

About Cohen Independent Research Group: Led by Paul Cohen, Cohen Independent Research Group is Wall Street's #1 Independent Research Firm. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney) and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).

Cohen Independent Research Group includes nine PhDs (three with MDs), two MDs, six CFAs (chartered financial analyst), three with CPAs (certified public accountant) and 21 analysts covering most industries. The backbone of the fundamental research targeted at stock investment includes investigative research into significant corporate events, thorough review of SEC filings, in depth financial analysis, valuations, and management profiles. For more information, readers can visit the company's website at www.cohenresearch.com. Cohen Independent Research Group was compensated a total of $37,500 by the Company for the preparation and dissemination of the above research report.

About Doral Energy Corp.: Doral Energy Corp. is an oil and gas exploitation and production company headquartered in Midland, Texas. Doral Energy Corp.'s strategy is to grow a portfolio of under-developed production and exploitation assets with the potential for generating near-term increases in existing production through operational improvements, and longer-term development of proved undeveloped reserves by infill drilling. Doral focuses on identifying acquisitions that generate immediate cash flow from production, but which also have strong proved developed non-producing and proved undeveloped reserves that can be tapped for significant growth. The prolific Permian Basin of Texas and New Mexico is the geographic region of focus for the Company's future acquisition activity. Doral's first producing assets, the Hanson Properties in Eddy County, New Mexico, located in the northwestern Permian Basin of New Mexico.

TAMM Oil and Gas Corp. (OTCBB: TAMO | Quote | Chart | News | PowerRating) up 9.5% on 741,000 shares traded.

On Nov 19, 2009 TAMM recently announced it received an updated independent determination of 3.14 Billion barrels of heavy oil in place for the company's holdings at Manning prepared by Chapman Petroleum Engineering Ltd. of Calgary, Alberta.

Don Hryhor, Director and Exploration Advisor said, "TAMM is presently reviewing exploration potential for possible conventional and light-heavy oil prospects and "cold flow" drilling targets in preparation for the upcoming winter exploration program in our focus area at Manning."

"The initial direction of the exploration efforts will be to evaluate possible light oil targets, since such reserves would have a great impact on overall project economics and future development. The possible presence of light oil reserves on site would facilitate easy and inexpensive recovery of the known heavy oil reserves in place, and thus maximize profitability."

"It is estimated ultimate conventional oil potential could reach 3,000 - 10,000 BOPD, and cold flow or heavy oil potential production requiring minimal stimulation could be in the order of an additional 5,000 - 10,000 BOPD."

"Secondary recovery projects using cyclic steam or solvent injection, in situ commingling, or simple downhole heaters could result in significantly improved recovery factors which might be expected to result in a total ultimate production capability in the order of 60,000 to 85,000 BOPD throughout the Manning area based on a 25 year project life. This final phase would be subject to normal environmental review and regulatory approval which would likely take 2-3 years."

Market Commentary: The National Association of Realtors said home resales rose 10.1 percent to a seasonally adjusted annual rate of 6.1 million in October, from a downwardly revised pace of 5.54 million in September. It was the biggest monthly increase in a decade, and far above the 5.65 million pace expected by economists, according to Thomson Reuters.

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